How are layoffs handled in the IT department at BNY Mellon?

This is how it went down with me when there was a 10% reduction. A higher level manager calls you to a conference room where an HR person gives you the official news. HR takes your badge and explains the severance palate. The managers asks if they can get anything you need at your desk. Security is there after meeting with HR to see you out. No personal items in my desk were sent home. I was happy to get let go as I got a better job well before 2 month severance ran out. The severance payments stop once you get a new job. Word of advice...don’t tell them you got a new job and let them continue. They will never know.

Across all divisions and roles, most people are walked out of the building by security immediately after getting the news. Personal items cannot be collected and are shipped back to the employee with no care for the items to survive the trip.

Immediate. Don't seem to have a basis. Wish they would lay me off. Even asked.